New Delhi: You may face double trouble if you fail to link your Aadhaar with PAN by the end of this month. First, your PAN will become inoperative and second, you may…
New Delhi: You may face double trouble if you fail to link your Aadhaar with PAN by the end of this month. First, your PAN will become inoperative and second, you may be fined Rs. 10,000 if you use an inoperative PAN.
The Income Tax Department has said that PAN card holders may face penal action under the Income Tax Act if they fail to link it with Aadhaar before the deadline. Any person found using cancelled PAN card, could be fined up to Rs. 10,000 under Section 272B of the Income Tax Act.
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